From 1cecc4b10d871e2c9c8d98a37c4c8238efbbeb8a Mon Sep 17 00:00:00 2001 From: Nate B <43703496+NB419@users.noreply.github.com> Date: Thu, 28 May 2020 00:41:56 -0400 Subject: [PATCH] Create economic_growth.md --- immigration/economic_growth.md | 11 +++++++++++ 1 file changed, 11 insertions(+) create mode 100644 immigration/economic_growth.md diff --git a/immigration/economic_growth.md b/immigration/economic_growth.md new file mode 100644 index 0000000..3399f6f --- /dev/null +++ b/immigration/economic_growth.md @@ -0,0 +1,11 @@ +## Economic Growth +#### Immigrants greatly benefit the economy, growth, and innovation + + + +* [Oxford: Goldin et al. 18](https://ir.citi.com/FBbeXUKehK94DM2ktog5Yjj4Eh9MKmlJH34Poe7ZhEFhORbQvjK8I1BVlhg%2BCNS4WRzN1yW9UoM%3D) + * Even from a _neoliberal_ perspective, immigration benefits capitalist economies + * **Strong positive effect** on GDP per capita as **75%** of migrants are working age + * Migration increases the rates of **innovation** within a capitalistic economy + * over **40%** of global patent applications are filed by immigrants + * Also increases total worker output by adding workers